Latest from Nikhilesh De
Crypto-Friendly CFTC Chairman Tarbert Intends to Resign 'Early Next Year'
CFTC Chairman Heath Tarbert intends to leave the role early in 2021, opening the door for President-elect Joe Biden to name a new top commodities regulator.
US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs
Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday that warned such rules might "crush a nascent industry."
Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter
Paxos has filed to become a federally regulated bank with the U.S. Office of the Comptroller of the Currency, joining BitPay and Anchorage.
US Lawmakers Ask SEC to Clarify Broker-Dealer Rules
U.S. lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.
Crypto Startup BitPay Files to Become Federally Regulated US Bank
Crypto payments firm BitPay has filed to become a national bank in the U.S., according to a Dec. 8 legal notice.
Linda Lacewell: A Friendlier Regulator
NYDFS Superintendent Linda Lacewell is a regulator prepared to work with the grain of crypto rather than against it.
Bequant, Global Digital Finance Look to Create Best Practices for DeFi
A working group wants to create some best practices for decentralized finance in an effort to improve adoption while warding off potential regulations.
Waters Tells Biden to Rescind OCC Crypto Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive
The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.
Coin Center Donations Top $100K Worth of Dai Following Anti-Stablecoin Bill Proposal
Donations in dai, USDC, and ether were sent to Coin Center via Gitcoin.
US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters
Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S.
